Vietnam has raised 1 billion USD from its global bond sale on the Singapore Stock Exchange, according to the Ministry of Finance (MoF).

The government bonds, which yield 6.95 percent per year, will mature on January 29, 2020.

The second bond sale is significant as it is an important capital resource dedicated to the country’s development needs, said the MoF.

Vietnam sold 750 million USD of 10-year bonds to yield 7.125 percent at its inaugural sale in October 2005./.